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20121212
20121212
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COM 3
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English 85
Search Results 0 to 49 of about 85 (some duplicates have been removed)
FOX Business
Dec 11, 2012 10:00pm EST
. fox news confirming president obama and the house speaker did talk on the phone today and traded proposals. advisers to the presidency the two sides are making progress. as with a market, stocks finied well off of flies, but still up solidly. the dow up 79 points, s&p nine, nasdaq 35. all three indexes moving above their 50 day moving averages for the first time in three months. volume picking up on the big board. three and a half billion shares traded. technology, the principal driver in the market. microsoft up on news it is upn production of its surface table, service tablet to better compete with appe, on a bullish report from merrill lynch about the growth of the smart phone and ipad markets. aig stock up on news the government sold the remaining common shares it holds. the sale means taxpayers realize the profit of $22 billion on the iginal bailout of 1,802,000,000,000. prices in the bond market down, pushing the yield on the treasury ten year to 165%. crude oil up. the price of a barrel of oil still under $86. the federal reserve and its today meeting on monetary policy an
CBS
Dec 12, 2012 7:00am PST
gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all the gloom the president said he remains confident a fiscal cliff deal will get done. charlie and norah? >> major garrett thank you. nancy pelosi leads the democratseads in the house of representatives. we're pleased to have her with this m us.good good morning. >> good morning. >> where are these negotiations? when they were bargaining over the grand bargain you gave the the president and your caucus did
ABC
Dec 11, 2012 5:00pm PST
obama sitting down with barbara walters, and making news about america's role in the civil war in syria. >> that's a big step. >> it is a big step. >>> defeating depression.
FOX News
Dec 11, 2012 4:00pm PST
-called fiscal cliff. this news is breaking now. aids say john boehner has sent president obama a new counter offer tonight. it's apparently a response to an offer the white house made yesterday. that was one day after the president and the speaker met one on one at the white house. of course three weeks from today automatic tax hikes and spending cuts kick in if they can't come to deal. jim angle is following late developments from our washington newsroom. there have been a lot of them in just the last 30 minutes. >> i will say, shep. the clock, of course, as you indicated is clicking louder. not clear if we had real progress or just movement. president and speaker boehner did talk by phone tonight after white house offer monday and counter offer from boehner about which his office said quote we sent the white house a counter offer that would achieve tax and entitlement reform to solve our loom being debt crisis and create more miner jobs. the statement also reit raided, however, what speaker boehner and others said earlier today. listen. >> we're still waiting for the white house to identif
ABC
Dec 12, 2012 1:40am PST
obama's comments on syria and the fiscal cliff made headlines. it's another abc news exclusive. >>> later, the advantages of inhaling rather than chewing. you're watching "world news now." ching "world news now." i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your hands and knees to scrub away tough, dried-on stains. hey, do you guys think i'm "momtacular" or "momtrocious"? ♪ [ female announcer ] swiffer. now with the scrubbing power of mr. clean magic eraser. i just wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-health clinical line. together, they help keep your teeth 97% as clean as a dental cleaning. crest. life opens up when you do. ♪ >>> a
CNBC
Dec 12, 2012 4:00am EST
it hasn't put on the table before. in an interview with abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill who recognize the economy will be better off. american families will be better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high income individuals. >> you see president obama's full interview with barbara walters friday on "20/20." boehner is demanding more details on spending cuts. the administration has made expensive proposals to reduce spending, but the republicans haven't offered specifics on revenue hikes. >>> today the federal reserve wraps up its two-day meeting with a decision at 12:30 eastern followed by updated economic projections from fomc members at 2:00 p.m. and ben bernanke's press briefing at quarter past. the fed is expected to announce a new round of bond purchases as its latest program,
FOX News
Dec 12, 2012 3:00pm PST
on the syrian government interior ministry, president obama confirmed interview with abc news that some of the rebels now have official u.s. backing. >> we have made a decision that the syrian opposition coalition is inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime. >> less than 24 hours after the president's statement, u.s. officials confirmed the intelligence showed the conflict is escalating. >> we are seeing use of another egregious weapon, barrel bomb. an incendiary bomb containing flammable materials. it's indris crimnant in terms of civilian. >> the move to recognize element of the opposition, some brought in exile brought rebuke from the foreign minister, whose government backed negotiation between bashar assad and the opposition. given u.s. involve in the libya and iraq to bring down their dictators, analysts predict the deepening division between the white house and the russian president. >> he has seen american match nations bring down g
ABC
Dec 11, 2012 5:30pm PST
, today, president obama had some big news. for the first time, he is putting the syrian opposition on the path to be recognized as the new government if and when assad falls. i'd like to talk about syria. do you plan to recognize the opposition and give them some legitimacy? >> we've made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population, that we consider them the legitimate representative of the syrian people, in opposition to the assad regime, and so we will provide them recognition and obviously with that recognition comes the responsibilities on the part of that coalition. >> reporter: that's a big step. >> it is a big step. there is a small element of those who oppose the assad regime that are, in fact, affiliated with al qaeda in iraq. and we have designated them, al nusra, as a terrorist organization. and we are going to make clear to distinguish between those elements of the opposition. >> reporter: for the president, recognizing the syrian opposition as the legitimate authority in that
MSNBC
Dec 11, 2012 4:00pm PST
should republicans in the white house have exchanged new proposal tsds today. and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do you say the fire begins? >> nobody can make any prediction for sure -- >> try. >> they could hammer this out in three hours if they really wanted to. >> that's right. >> but if they don't wait until the very end of december or even go over the cliff -- >> i think it's 21. i'm going to bet on -- what's your hunch about this, ron reagan? you're here -- i think they're going to try to get it done by christmas just for efficiency's sake and not to scare the horses. that's the thought i have. i may be conservative about this. >> y
MSNBC
Dec 11, 2012 11:00pm PST
in the national journal's latest polling, 54%, 42%. in a new associated press poll, president obama is plus 16, 57% approve versus just 41% for disapprove. by the way, we served the good wine last year as you noticed. we'll be right back. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. satisfaction guaranteed tired of fees piling up introducing chase liquid. the reloadable card with no fee reloads and withdrawals at chase atms. all for one flat monthly fee so there's zero confusion. get rid of prepaid problems. get chase liquid. >>> welcome back to "hardball." about 10,000 demonstrators took to the michigan state capital today as labor supporters protested two right to work bills in the state long know
MSNBC
Dec 12, 2012 2:00pm PST
connell has stopped being a real conservative and is being a guy that wants to bring down obama. anyway, the new nbc poll shows democratic party approval higher than republican. approval of the democrats 44%. of republicans 30%. it shows that 59% that president obama has a mandate to eliminate tax cuts for the rich. how do you look at that, chip? that's solid that 59%. how can the republicans on the hill deny it? >> well, we lost a major -- we lost a national election, obviously. we didn't gain control of the senate. we did get control of the house. president obama is the guy that beat us. and so they're riding high right now. and they have framed this issue about tax increases on the rich. and as i jokingly say when you polled 98% of the people they always agree tax the other guys. and when we -- >> i know. don't tax me. tax the guy behind the tree. let me ask you a question. you're a great guest. would mike huckabee had won this general election if he was the nominee? >> i'm biased, but i think he would have had an opportunity to win and beat obama for one simple reason. he's a conser
FOX News
Dec 12, 2012 8:00am PST
deadly plan. >>> as a deadly bloody civil war rages in syria, the opposition gets new support from around the wormed and the united states. what president obama just said. and a look how this crisis figures in the foreign policy challenges mr. obama faces in his section term. that is -- second term. that is next. [shouting] having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. jon: right now some new information on crime stories we're keeping an eye on. police say the man who confessed to murdering an alaska barista also planned to kill her boyfriend. before israel keyes committed suicide in jail he told investigators he new samantha koenig's boyfriend was coming to pick her up from work but he later changed his mind about killing him. police say keyes also confessed to seven other murders across the country but they don't yet know the i.d.'s of his victims. >>> 7-year-old austin sigg is retu
MSNBC
Dec 12, 2012 11:00am PST
pleasure having ow again. thank you both. president obama calls it a big step in a new interview. the president recognizes the syrian opposition for the first time. >> the syrian opposition coalition is now inclusive enough and reflective and representative enough of the syrian population. >> the "new york times" said the announcement draws a sharper line between the elements of the opposition and the u.s. supports and rejects. i will talk to bobby gauche. a "wall street journal" poll being released tonight, the question, do you think leaders in congress should compromise or stick to their positions when it comes to the budget deficit? that is the question. how would you answer? we will show you the results of our poll. i will show you the conversations on twitter. it's on tamronhall. the holidays are here and we're here with cyreeta talking about the walmart low price guarantee. that's your receipt from another store? it is! let's put it to the test. alright! that's walmart's everyday low price. get out! ok, but i'm taking these! ready? yes. there you have it! that much? that's
FOX Business
Dec 11, 2012 9:00pm EST
of their moves inside the u.s.. president obama get his way or boehner or either? who knows. the results of a new report next. tracy: the future of our country hinging on our grdlocked congress. does that make you feel better? so far the fiscal plans put forth by the president and speaboehner simply wonnt cut it. a new report out find neither proposal reduces our debt enough to solve our economic crisis putting the country at, well, further risk for another downgrade. anybody want to talk abou august last summer in what will it take to get the house in order? ask alex, research fellow at the american enterprise institute and former chief economist for the house ways and means committee. alex, here's the thing, it's tax on both plans. >> well, to do go to your opening remark, you're definitely right. the's a short term crisis where taxes are set to skyrocket on january 1st and long term challenges that can want be met with tax increases alone. mathematically impossible. we have health care spending growing faster than the overall economy. there's no tax policy that can rectify that situation. trac
PBS
Dec 11, 2012 5:30pm PST
the white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >>here are the psint's spenng cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> on that question of whether or not we have put forward specific spending cuts, the answer is is we have. not only that, we signed law a trillion dollars in specific spending cuts. so if you combine what is signed into law with what we proposed versus the total absence of any specificity from the republicans for a single dollar in revenue,
MSNBC
Dec 11, 2012 7:00pm PST
is president obama may end up overseeing one of the most progressive eras in american history. the news that the supreme court is set to take up the issue of marriage equality is inconclusive. it bodes well for an america that aims to treat its set zens equally under the law. most republicans know this, and if they don't, history is a useful guide. in 1967, 16 states banned interracial marriage when the court legalized the union of men and women, regardless of their skin color. in 1954, 17 states had segregated school systems when the court declared in brown versus board of education that separate was not in fact equal. and in 1973 when roe v wade was decided, abortion was legal in only four states. given the court's historic inclination to favor expansion of freedoms, even when public opinion is not on its side, it would seem plausible the justices will conform what a majority believe is right and up hold the constitutionality of marriage equality. if this is in fact the result, president obama will guide one of the last remaining civil rights battles to completion. a moment that may c
MSNBC
Dec 11, 2012 10:00pm PST
or are party's new standard. it is president obama's first term that may strangely pale in comparison with his second. for republicans to get in on the game, they must acknowledge that the country has changed, and so too must they, ideally with full hearts and good will. as the president has said countless times the arc of the look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye p
MSNBC
Dec 12, 2012 2:00am PST
. but this morning, there are signs of some movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still seeking further concessions on spending cuts. >>> well, there are some new details this morning on that london nurse who took her own life after passing through a prank call at the hospital that was treating kate middleton for extreme morning sickness. jacintha saldanha's family reveals that she left a suicide note, though they haven't released details of what that note said. earlier this week, the two deejays who made the call said the tragedy has left them shattered, gutted and heartbroken. >>> now, here's your first look at this morning's "dish of scrambled politics." mitt romney wasn't the only one caught off guard last night. it is reported the powerful conservative koch brothers are postponing a gathering s
CBS
Dec 12, 2012 4:00am PST
a phone call to discuss the latest republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american people have to be scratching their heads and wondering when is the president going to get serious. >> the economic uncertainty comes at a time when retailers are hoping for strong holiday sales. the prospect of higher taxes for all americans threatens to sink consumer confidence. >> the specifics of the deal are not as important to us as getting a deal. >> now, in that abc news interview with barbara walters, the president said he thinks the american people will be better off with a done deal. harry reid who's a senate majority leader says he does not expect a deal before christmas. terrell. >> we'll have to see. susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian crisis. they're expecting to give them null political recognition during that same interview
KOFY
Dec 11, 2012 9:00pm PST
. >>> plus why president obama can now be called a pre-historic lizard king. stay with us. 7 news at 9:00 with us. 7 news at 9:00 continuesf @ abouout we have ignition. 2, 1, and lift off. lift off of the. >> launch this morning of air force rocket from cape canaveral, florida miss steer thus evening. it's carrying a top secret military spacecraft called the x 3 7 d. that looks like a miniature space shuttle on highly classified mission. it is the third launch of the x 37. last 2 landed the edward air force base this may landing back at the cape. >>> well another glimpse that the future from the san francisco 49ers tonight. the team announced a deal to pack their new santa clara stadium with game changing technology. cooep a explains what that means for fans. >> they say sony will help make the new santa clara stayed automatic lead intercutting edge technology and give fans a unique game day experience. this is just one example of what the global consumer electronic company is bringing to the table or in this case the stadium. 4 k led monitor. this is 84 inch version on displ
MSNBC
Dec 12, 2012 3:00pm PST
. and thanks for tuning in. tonight's lead, republicans are picking a fight they can't win. new evidence today that president obama is in a strong position in this nation's fight for fairness. and republicans are on the losing end of this fight. now, new polls show 65% of americans believe the president does have a mandate to raise taxes on the wealthy. 62% say he's got a mandate to protect medicare. and 64% says he's got a mandate to protect social security. that is a winning hand. the president has it and he knows it. >> i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> and get this. 160 ceos from america's biggest companies are also now saying it's time to raise taxes on the rich. but, speaker john boehner is sticking to his talking points; at least publically. he's refusing to budge. >> the longer the white house slow walks this discussion, the pa closer we get to this year's fiscal close. >> boehner can blame the president all he wants. the reality is americans want to compromise. a new nbc wall stree
CNN
Dec 12, 2012 1:00pm PST
're also learning new details of the latest phone call between president obama and house speaker john boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised a
CSPAN
Dec 12, 2012 7:00am EST
distressing news, showing that president obama far outperformed mitt romney in managing to target using their single expenditures of the campaign, tv advertising. the story goes on to look at the strategies of the campaign and where they were effective and where they were not. from "the washington times," a drone is deployed to spy on a farmer. host: our question for you this morning is what you think about tax deductions. what would you be willing to give up? keith, minn., good morning. caller: you are asking what people could afford to give up. i think that a lot of people cannot afford to give up anything, they are constantly being taken advantage of, having their money stolen from them. everyone is allowed to basically take advantage of the public and we have no representation. a lot of people are just struggling to hold on, rather than continuing with everyone asking them, telling them they have to sacrifice. we have nothing left to sacrifice. we have given up everything, savings, everything. corporations, car dealerships, everyone is allowed to steal your money and there is no one
CBS
Dec 11, 2012 5:00pm PST
and on capitol hill. ,,,,,, main opposition group as th, quote, "legitimate representative" of that >>> new at 5:00, president obama says the u.s. now recognizes syria's main opposition group as the legitimate representative of the country's people. the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of balanced approach that he promised americans. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> there is no indication that the president will compromise on taxes on the wealthy going up. >>> a soon-
CNN
Dec 11, 2012 4:00pm PST
that president obama and the white house or rather, president obama and the house speaker have spoken tonight. good news. this after they each fired another shot in the ongoing fight over how to resolve this fiscal cliff mess. cnn is now getting details about two new offers that were made and previously undisclosed, too. they kept a pretty tight lid on them. one of them by president obama, that was yesterday, then a counteroffer by the speaker. that was today. all of this as the president tells abc news tonight that he is confident that republicans will not hold middle class tax cuts hostage. so there's a lot of news that's all of a sudden coming out. after some relative quiet. our white house correspondent dan lothian is on the case and joins me now by telephone, because you've been working your sources. take me into the conversation. all of this breaking late today and it sounds good. it sounds at least like there's some movement, dan. >> reporter: that's right. that's always been the issue, because as you know, it was just last week we were talking about the fact that there were no talks o
ABC
Dec 12, 2012 7:00am PST
news exclusive interview with president obama. we have learned the president and house speaker john boehner have traded new proposal affecting every american's wallets, specifically whether our taxes go up at year's end. jake tapper has the new details. >> reporter: president obama minced no words in an exclusive interview with abc's barbara walters. >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on high-end individuals, like you and me, barbara. we can afford it. >> reporter: the president told barbara walters, he remains optimistic. >> are we going to go over the fiscal cliff? >> i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect taxes for high-income individuals. >> reporter: the president and house speaker john boehner are at least talking. the president made an offer monday, asking for $1.4 trillion in new taxes over ten years. including raising tax rates on the wealthy. the speaker counter on tuesday. offering $800 billion in new tax revenue, all from closing loopholes and limi
Comedy Central
Dec 11, 2012 11:30pm PST
. (laughter) (cheers and applause) now obama won't budge off his calls for $1.6 trillion in new tax revenue over the coming decade, mostly from increasing tax rates and taxes on upper-bracket earners. folks, that's just punishing our nation's job creators. america's billionaires are the engine that drives our economy through smart investments! and occasionally through dumb ones. (laughter) today house speaker john boehner struck back with his plan to cut spending by demanding obama come up with boehner's plan to cut spending. (laughter) >> a lot of people know that the president and i met on sunday it was a nice meeting, it was cordial but we're still waiting for the white house to identify what spending cuts the president is willing to make, where are the presidents spending cuts? >> stephen: now critics say the speaker is just asking democrats to put specifics in into the republican proposal but i say that's kind of fun. it makes the budget into a giant mad-lib. for instance, we agree to cut ten be zillion from the program that gives ukuleles to the sticky poor. toilet boom! (cheers and a
CNN
Dec 12, 2012 4:00am PST
. >>> washington now. president obama and house speaker john boehner have shared their new versions of their plans. neither has sealed the deal yet. the white house asking for $1.4 trillion in new tax revenues. instead of the 1.6 trillion demanded for republicans making a counteroffer. less known about the details of the counter offer. 20 days and counting for 500 billion in automatic tax hikes and spending cuts. the congressional budget office tells us for recession. of course, have you congress going on vacation. that happens in two days. with technically 48 hours to go, let's get to elijah cummings. do you think you will have a deal before you go off on break? >> i do. if you asked me a few days ago, i would have said no. >> why? >> the parties are talking. they are talking, exchange of paper but proposals, but they are meeting. we had the business round table yesterday. major corporations in the country saying, look, revenue, increase in rates, must be a part of this deal. i think all of the things are coming together and we have to see what comes out again. look at where we were a week or two
CNN
Dec 12, 2012 11:00am PST
speaker john boehner, his first position was no new taxes. president obama was asking for new taxes totalling $1.6 trillion. after the election speaker of the house ponied up an offer of $800 billion, exactly halfway between his zero and the president's $1.6 trillion. and then this week the president countered at $1.4 trillion. and were they to split the difference, doing simple math here, you would be looking at new tax revenues of $1.1 trillion. do you think, ben stein, that's where they're headed right there in the middle, $1.1 trillion? >> i don't know exactly where they're headed but we're headed for higher taxes. the palmy days for the rich when the taxes got lower and lower and lower in the bush administration are over. the happy times that the country -- we're going to have higher income taxes, much, much higher estate taxes, i suspect. the good times for those who have money to burn, well, they'll still have money to burn, but not quite as much money to burn. there have to be revenue increases. there has to be tax rate increases. i hate to say it, i'm a modestly upper incom
CNBC
Dec 12, 2012 6:00am EST
closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off. american families will be much better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. and i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for
CBS
Dec 12, 2012 12:00pm PST
. but we have some serious differences. >> they have work to do. president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under the illusion that the republicans are sometime in the future going to come up with revenue. they are going to come up with raising the rates or, madam president, we are going over the cliff. >> well, if congress and the white house can't team up and reach a deal by new year's eve, automatic tax hikes and steep spending cuts will take effect which could send the united states back into recession. and clearly have a lot of work to do. >>> a dungeness deal has bay area crabbers out on the water again. they went on strike after brokers trie
MSNBC
Dec 12, 2012 2:30am PST
's rule. president obama made the announcement in an interview with abc news just hours before a meeting of syrian opposition leaders and their international allies in morocco. >> we've made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime, and so we will provide them recognition. and obviously, with that recognition comes responsibilities on the part of that coalition -- >> that's a big step. >> it is a big step. there is a small element of those who oppose the assad regime that are, in fact, affiliated with al qaeda in iraq, and we have designated them as a terrorist organization, and we are going to make clear to distinguish between those elements of the opposition. >> well, despite recognizing the rebel movement, the white house press secretary, jay carney, confirmed earlier in the day that the u.s. doesn't plan to provide arms to the rebels. last week, u.s. officials said there was evidence
ABC
Dec 12, 2012 4:00am PST
as the new legitimate representative of the syrian people. president obama announced the move yesterday. it was part of an exclusive interview with abc's barbara walters. he also recognized that a small amount of the opposition has ties to al qaeda. the u.s. has declared them a terrorist organization. trying to prevent an extremist future for that war-torn country. >>> the president and house speaker john boehner taking small steps to avoid the fiscal cliff. they spoke by phone again last night. but still doesn't appear to be any closer to a deal. >>> the governor of michigan has signed that controversial, new law which limits the influence of organized labor in the state. hundreds of union workers had protested the legislation ahead of the governor's action. michigan joins 23 other states with so-called right-to-work laws. those laws ban requirements that nonunion employees pay union dues for negotiating contracts and other services. >>> well, drug smugglers have found a pretty creative new way to get contraband into the u.s. they use a gas-powered canon to shoot dozens of cans of mari
FOX
Dec 12, 2012 4:00am PST
and $250,000 for couples. president obama also recommends $400 billion in spending cuts. representative boehner's calls for $800 billion in new revenue, $600 billion in savings from medicare and medicaid, and $300 billion from other domestic programs. in a big slip for small business, confidence took a tumble in november. the national federation of independent business says its confidence index of small biz owners dropped 5.6 points last month - that's one of the largest drops the study has ever shown. the group says the fiscal fiasco in washington, along with the upcoming healthcare overhaul, is shattering optimism within the sector. however, it's not all doom and gloom. some business owners are expecting better sales and improving credit conditions in the new year. if you've had a positive experience at a jp morgan bank of late, you're not alone. the nation's largest bank by assets has jumped to first place in the american customer satisfaction index, edging out perennial favorite wells fargo. the survey interviews 70,000 customers each year on their satisfaction levels with checking,
MSNBC
Dec 12, 2012 1:00am PST
for high-income individuals. >> there is big news tonight out of washington where speaker john boehner and obama are talking. this is actually not nothing, not in this town. early last week they really weren't talking, and neither were their staffs. progress on what to do about all those expiring tax cuts and schedule spending cuts and that possible recession congress might create, totally stalled. but now today they are talking, and their staffs are talking, and they're even exchanging paper, real paper. news leaked today that in the last few days, there have been new offers and new counteroffers in the negotiations. but they sound, to be honest, not that different from the old offers. reports that mr. obama has gone from $1.6 trillion in taxes to $1.4 trillion but hasn't budged much on entitlements. mr. boehner really hasn't moved on taxes at all. he is still i'm told at $800 billion, although details on his offer are sparse. earlier today i asked michael steele, john boehner's press secretary for details on the, quote, deal. i was writing quickly and meant to say offer, but i wrote
MSNBC
Dec 12, 2012 9:00am PST
insurance. >>> the speaker john boehner offers a new plan to cut spending by demanding that president obama come up with john boehner's plan to cut spending. what those cuts are, no one is sure. >> now critics say the speaker is just asking democrats to put specifics into the republican proposal, but i say that's kind of fun. it makes the budget into a giant mad lib. for instance, we agree to cut $10 bazillion from the program that brings ukuleles to the sticky poor. toilet boobs. >> we will play our very own game of mad libs when house democratic whip steny hoyer joins us live just ahead on "now." to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beache
CNBC
Dec 11, 2012 7:00pm EST
the gunman had a rifle. we will report later. president obama, i'm going to switch gears now. he has hired 101 new government employees every day since i took office in 2009. that comes to 143,000 over paid workers. let's talk to chris edwards director of tax and policy at the kato institute. but besides this number 143,000 workers, when everybody has basketball getting laid off. average civilian pay, average federal workday, $134,000. that is $32,000 more than the average pay. that is astonishing. >> if you look at total compensation, the average worker does $124,000 a year versus $68,000 a year. the benefits are amazing. they get a 401(k) styled pension and they get high job security. they are laid off one quarter of the rate that high workers are. we don't want to draw the best and most skilled workers in washington. >> it is interesting to me, people seem to know this. 67% of us think that the people in the private sector work harder than those in the public sector. the federal workforce has more machine money. we are supposed to be having budget cuts. why isn't anyone looking for it.
FOX News
Dec 12, 2012 12:00pm PST
home. take control of your retirement today. ♪ ♪ >> president obama announced last night with barbara walters on world news tonight that the united states is recognizing the syrian opposition council as the sole representative of the syrian people, no more park bash. the interview last night, the whole interview, will air friday on 20/20 and the president joined 100 countries and organizations in putting the main opposition group on the path to becoming the only government in syria and if and when the rebels take out assad. >> we made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative to the syrian people in opposition to the assad regime so we will provide them recognition and obviously with that recognition comes responsibility on the part of that coalition. >>shepard: the civil war has killed more than 40,000 people in the last 20 months and it is still going on. syrian state television say a huge explosion hit the capital of damascus and the mi
ABC
Dec 12, 2012 5:00am PST
without a deal the tax cuts could be repealed. new poll shows the president holding a substantial advantage over boehner handling the budget negotiations. 49% approve of mr. obama's handling of the talks, 25% support boehner. >>> 49ers fans who attend games at the new facility can expect a state-of-the-art stadium the team has announced a deal with sonny to pack the site with game-changing technology. fans will watch replays on l.e.d. monitors, 2500 throughout the facility offering resolution four times higher than standard hd, no need for a monitor in the back of every seat. you can use your cell phone to order food and have it delivered to your seat. >>> developer of two san francisco residental projects secured millions in funding to move forward. bloomberg is reporting one of the largest u.s. home builders has lined up 1.7 billion dollar loan from china development bank. plans call for 10,500 homes at hunter's point and 8,000 residences on treasure island. it would create two new neighborhoods in a city short on housing. >>> new school district one of 16 to be awarded federal
FOX Business
Dec 12, 2012 12:00am EST
to go because we have breaking news right now. spokesman for house speaker john boehner has announced that the house gop has sent a counteroffer on the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aidesay this is an exchange of partia proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the houseepublicans say they have just sent to the white house but there are still major difference ares here. this is from a boehner spokesperson saying the longer the white house slow-walks this process the closer our economy gets to the fiscal cliff. there is major business lobbyist out there telling us right now the discussions are focusing on process. how do to it. not necessarily substance. so there are no details on what these offers exactly state. they're not even really getting out on capitol hill right now. so we're still watching it to maintain. again you've got the exchange of partial offers at least coming out of the white house and from house r
Current
Dec 12, 2012 1:00am PST
series, untold history. we've got a new conversation about domestic and foreign policy for president obama. first, let me show you what he thought about president obama overall. >> what's your view on him is he a real progressive? >> no, i think right now obama is a manager of a wounded empire and he's committed himself with his cabinet to maintain the empire. not only maintain it, i'd go further. i think that th behind thececes, 's ee's veeyer effective to keep us very strong militarily. he's looked, essentially the pentagon is achieving and by 2020 will have achieved full spectrum dominance over the entire earth. >> so it's an interesting opinion. look he's a good manager of an empire that we shouldn't have and that his no need for this dominance over all the things in the world, and that this is not the kind of progressive obviously that we thought we were getting necessarily. now, so he had mixed feelings about president obama but he had much stronger words for conservatives that never fought in wars, and i don't know if you know this, but oliver stone served in vietnam and we ta
FOX News
Dec 11, 2012 8:00pm PST
leave annoying residue. but new pam leaves up to 99% less residue. new pam helps you keep it off. now here he is. >> bill: bill -- big trouble in michigan. give employees the option not to join a union. president obama doesn't like that at all. >> what we shouldn't be doing is your rights to bargain for better wages. we shouldn't do that. these so-called right-to-work laws they don't have anything to do with economics, they have everything to do with politics. [cheers] >> what they are really talking about is giving you the right to work for less money. >> bill: but governor rick snyder says he will sign the right-to-work measure tomorrow. he joins us now from lansing, the state capitol. so what do you say to the president, governor, who says this you are basically trying to bring down wages for working people in michigan? >> that's not true at all. if you look at he made the comment about bargaining for wangs. about bringing down wages. this legislation is about freedom to choose for workers, bill. this isn't about the relationship between employers and unions at all. this is not abo
FOX Business
Dec 12, 2012 11:00am EST
obama said that he is not going to send weapons at this point in time. he will be calling for further economic financial and diplomatic measures here and elsewhere. we think that the new leadership of the opposition will sideline before we engage. dagen: greatest threat to us right now. pick a country, pick a group. >> it will always be iran. it is still growing. they have done benghazi. they may do more in the future, unfortunately. dagen: it was great to see you. thank you for your insight. connell: this right to work campaign in michigan. the bill getting signed into law last night. could it be an example for other states. dagen: and stubhub. where are the yankees? here are some of today's winners on the s&p 500. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter
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